Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (July 26 to 31, 2004).

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                                         T T & O D SELLING

                           AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY

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                                                                           + Appreciation - Depreciation

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          24.7.2004                               LAST WEEK RATES

          Previous

          Week     26.7.2004  31. 7.2004                                   FLUCTUATIONS IN CLOSING RATES

          Closing   Opening    Closing     Highest                Lowest              Over Previous Week

          Rate                         Rate       Date        Rate         Date   +Up     Amount       %

          Rs        Rs        Rs        Rs                     Rs                -Down      Rs

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US        58.48     58.50     58.58     58.42   27/7/2004      58.58   31/7/2004    +   0.100000    0.17

UK      107.170   107.440   106.620   106.420   30/7/2004    107.680   27/7/2004    -   0.550000   -0.51

Japan  0.530800  0.533300  0.525600  0.523000   30/7/2004   0.533300   26/7/2004    -   0.005200   -0.98

Euro    70.7300   70.9800   70.3800   70.3800   31/7/2004    70.9800   26/7/2004    -   0.350000   -0.49

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                                         T T CLEAN BUYING

                           AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY

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          24.7.2004                               LAST WEEK RATES

          Previous

          Week     26.7.2004  31. 7.2004                                   FLUCTUATIONS IN CLOSING RATES

          Closing  Opening      Closing    Highest               Lowest               Over Previous Week

          Rate                         Rate       Date       Rate         Date    +Up     Amount       %

          Rs        Rs        Rs        Rs                    Rs                  -Down     Rs

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US        58.28     58.30     58.38     58.22    27/7/2004     58.38   31/7/2004    +    0.100000   0.17

UK      106.810   107.070   106.250   106.060    30/7/2004   107.310   27/7/2004    -    0.560000  -0.52

Japan  0.529000  0.531500  0.523800  0.521200    30/7/2004  0.531500   26/7/2004    -    0.005200  -0.98

Euro    70.4800   70.7400   70.1300   70.1300    31/7/2004   70.7400   26/7/2004    -    0.350000  -0.50

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